The Russian Duma wants to regulate the cryptocurrency mining market.

2021-9-9 16:21
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On September 9, Anatoly Aksakov, head of the Financial Services Commission of the Russian State Duma, said that currently the Russian government is still considering recognizing cryptocurrency as a single form of trade action in accordance with trade rules. local. Since this [cryptocurrency mining] is a type of business, it must be included in the national registration, monitored as a business enterprise in accordance with applicable laws and tax reporting. The government has been trying to find a number of laws that affect the cryptocurrency industry, and it believes the Cryptocurrency Tax, Mining, and Digital Profits Act will be enforced soon. Aksakov also stressed that there is still a need to discuss numerical advantages, stressing the need to provide clear control over numerical advantages. Investment, not payment. (Co-manager)

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